The world of trading cryptocurrency is quite thrilling However, it can be time-consuming and overwhelming to many investors. This is where Coinrule is able to help. Coinrule provides an efficient tool for trading that helps traders stick to their cryptocurrency strategy without the need to constantly be on the lookout for market trends. It’s simple to use, even for those with no programming knowledge, and provides a variety of options to take trades to the highest step.
Coinrule was established in the year 2017 in London by a group of blockchain and cryptocurrency enthusiasts. Its goal is to make trading in cryptocurrency easier by offering an automated platform for trading that is able to integrate securely with various exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, over 200% more than the amount it had set for.
One of the main features of Coinrule is its easy to use automated trading. The market for cryptocurrency is very volatile and it is often difficult for traders to keep up with the constantly changing charts. Coinrule lets traders set up trading rules and then examines the market and make trades that fit into their strategy. This means that traders can put their cryptocurrency trading on autopilot, and not spend hours poring over charts.
Coinrule also offers integrated trading strategies that traders can select from. There are over 150 rules to choose from that make it simple for both novice and experienced traders to discover a strategy that works for them. Additionally, traders can pause rules at any time and receive daily emails with trading signals that can help them adjust their strategy according to the changing market.
Another great feature of Coinrule is the possibility of backtesting. Traders can test out their trading strategy by using historical market data in TradingView. They can choose the cryptocurrency they will be trading as well as the timeframe they wish to trade and trading strategy to check how many trades the strategy has opened and closed, as well as the net profit, the percentage of profit as well as the maximum drawdown and profit percentage. This can be an effective tool for increasing a trader’s confidence in the trading rules they design.
Coinrule has also been able to work with several reliable exchanges, such as Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. So, traders are able to connect Coinrule seamlessly with these platforms.
Coinrule offers four pricing tiers that include Starter, Hobbyist Pro, and Trader with a variety of options for traders at all levels. Prices range from $0 through $499.99 per month. traders can choose to pay either monthly or annually. The yearly plans offer discounts of up to 25%.
In the end, Coinrule offers a user-friendly and convenient experience that can boost your cryptocurrency trading experience to the next level. With features like automatic trading and built-in trading strategies as well as backtesting options, and the ability to support multiple trusted cryptocurrency exchanges Coinrule provides a reliable instrument that can help you make the most out of your trading strategy.